Profitlio_Trading
Short

Gold Short Trade Setup

OANDA:XAUUSD   Gold Spot / U.S. Dollar
First target achieved as per my previous analysis after triangle breakout. Analysis is tagged below.
In Here on this resistance I see some potential of double tops formation. This resistance held strong and I expect this attempt will form a trend reversal with the support of Resistance + "M "formation. The target expected can be matched with the fib levels accordingly. Hope this time our much expected fall back can be seen. Good Luck!
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Comments

Are you taking this short here now ? No bull flag ?
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@hoperushing, Can you pop in your analysis supporting bull flag in here? I see a resistance above
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